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To: saveslivesbyday who wrote (100288)1/15/2008 3:55:11 PM
From: TommasoRead Replies (2) | Respond to of 306849
 
>>>Calls (or puts) on FXP = the max leverage I can imagine <<<

FXP itself up over 14% today. Best bear fund I ever got into. For today anyway. Went ahead and doubled my position since all I see is a vacuum when the dollar keeps dropping and Chinese exports start to dry up.



To: saveslivesbyday who wrote (100288)1/15/2008 5:22:05 PM
From: Peter VRespond to of 306849
 
FXP calls have huge time premiums. The June 85 is only $1 in the money, yet sold today for $20! January 85 is selling for $4 with only three days left. The bid/ask spreads on these options are huge.

I guess that's what volatility and uncertainty yields.



To: saveslivesbyday who wrote (100288)1/19/2008 10:03:44 AM
From: Smiling BobRead Replies (1) | Respond to of 306849
 
I have to remember to keep my eye on those things
Some huge gains to be made if you've got the stomach.
--=-
70.00 FXPAN.X 15.90 Down 10.20 14.10 19.00 14 157
75.00 FXPAO.X 14.56 Down 6.14 10.00 14.00 17 222
80.00 FXPAP.X 8.20 Down 7.10 4.10 9.00 75 859
85.00 FXPAQ.X 1.60 Down 8.03 1.60 2.50 279 539
90.00 FXPAR.X 0.05 Down 5.43 N/A 2.00 159 512
95.00 FXPAS.X 0.04 Down 3.16 N/A 0.50 238 563
PUT OPTIONS Expire at close Fri, Jan 18, 2008
Strike Symbol Last Chg Bid Ask Vol Open Int
60.00 FXPML.X 0.10 0.00 N/A 2.45 0 26
65.00 FXPMM.X 0.25 0.00 N/A 2.45 20 109
70.00 FXPMN.X 0.30 Up 0.25 N/A 2.45 10 101
75.00 FXPMO.X 0.20 0.00 N/A 2.45 9 96
80.00 FXPMP.X 0.20 Down 0.40 N/A 2.45 2 161
85.00 FXPMQ.X 0.05 Down 0.15 N/A 0.25 136 133
90.00 FXPMR.X 3.30 Up 2.15 1.10 5.90 134 75
95.00 FXPMS.X 8.00 Up 4.80 6.10 11.00 5 205